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GM, POSCO Future M announce 2nd phase of CAM production in N America; adding pCAM

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General Motors and POSCO Future M announced the second phase of their Ultium CAM joint venture, an investment projected to exceed US$1 billion to increase production capacity of cathode active materials (CAM) in North America and integrate precursor materials production. 2021 - Announced long-term supply with MP Materials for U.S.-sourced

GM 170
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IEA: governments must act to ensure sufficient supply of critical minerals to meet net-zero goals

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Demand outlooks and supply vulnerabilities vary widely by mineral, but the energy sector’s overall needs for critical minerals could increase by as much as six times by 2040, depending on how rapidly governments act to reduce emissions. Source: IEA. However, in climate-driven scenarios, these positions are reversed well before 2040.

Supplies 248
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Hyundai Motor to expand XCIENT fuel cell truck entry into US market

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Hyundai Motor Company plans to ramp up the US commercial vehicle market entry with XCIENT Fuel Cell trucks. Our ultimate goal is to fight climate change and build a sustainable future. —Mark Freymueller, Senior Vice President and Head of Commercial Vehicle Business Innovation at Hyundai Motor Company.

Hyundai 468
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Electra raises $85M to advance Low-Temperature Iron process; electrochemical refining at 60?C

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Electra has raised $85 million to produce Low-Temperature Iron (LTI) from commercial and low-grade ores using zero-carbon intermittent electricity. Electra’s process emits zero carbon dioxide emissions and carries zero green premium, meaning it will cost the same or less than existing production methods powered by fossil fuels.

Coal 360
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Benchmark: battery demand for manganese set to increase 8-fold this decade

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Next-generation lithium manganese nickel oxide (LMNO) battery chemistries are also soon to be commercialized; Benchmark forecasts a 6% share by 2030. However, the supply chain for high-purity manganese sulfate (HPMSM) production is dominated by China, which currently accounts for 96% of global supply.

Batteries 195
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US DOE releases national clean hydrogen strategy and roadmap

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The Strategy and Roadmap provides a snapshot of hydrogen production, transport, storage, and use in the United States today and a vision for how clean hydrogen will contribute to national decarbonization goals across multiple sectors in the future.

Clean 415
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California Energy Commission awards SPARKZ $2.6M to support development of cobalt-free solid-state batteries

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SPARKZ will be announcing its private sector investors, customers and OEM partnerships in the near future. Its initial research shows the ability to reduce the cost of cell manufacturing by about 40%, while maintaining energy density and cycle-life comparable to chemistries that utilize cobalt.